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County House Beaufort Rd 6,665 SF 100% Leased Office Building Swansea SA6 8JG $492,985 ($73.97/SF) 9.53% Cap Rate
INVESTMENT HIGHLIGHTS
- On-site car park
- Income-producing with opportunity to enhance rental return
- Versatile accommodation suitable for a range of uses (subject to planning)
EXECUTIVE SUMMARY
County House is a prominent, well presented office and archive storage property located within the established Plasmarl Industrial Estate, Swansea. The building comprises a modern two-storey detached property providing a combination of office accommodation and flexible, secure storage.
The property presents an opportunity to acquire an income-producing long leasehold investment with vacant possession of part, offering both immediate income and asset management potential. The first floor has recently been refurbished and let in its entirety. The ground floor presents an opportunity for asset management to let the vacant areas.
The property presents an opportunity to acquire an income-producing long leasehold investment with vacant possession of part, offering both immediate income and asset management potential. The first floor has recently been refurbished and let in its entirety. The ground floor presents an opportunity for asset management to let the vacant areas.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Long Leasehold
Building Size
6,665 SF
Building Class
B
Year Built
1975
Price
$492,985
Price Per SF
$73.97
Cap Rate
9.53%
NOI
$46,973
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,333 SF
AMENITIES
- Common Parts WC Facilities
- Fully Carpeted
- Open-Plan
- Recessed Lighting
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County House | Beaufort Rd
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